Austin Wealth Management LLC Sells 8,356 Shares of Schwab US Large-Cap ETF $SCHX

Austin Wealth Management LLC cut its holdings in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 41.1% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 11,979 shares of the company’s stock after selling 8,356 shares during the quarter. Austin Wealth Management LLC’s holdings in Schwab US Large-Cap ETF were worth $300,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. US Bancorp DE increased its position in Schwab US Large-Cap ETF by 5.2% in the 1st quarter. US Bancorp DE now owns 217,201,393 shares of the company’s stock valued at $4,795,807,000 after acquiring an additional 10,782,297 shares in the last quarter. Betterment LLC grew its stake in shares of Schwab US Large-Cap ETF by 119.6% during the first quarter. Betterment LLC now owns 13,225,086 shares of the company’s stock valued at $292,010,000 after purchasing an additional 7,201,786 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Schwab US Large-Cap ETF by 17.8% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 24,479,012 shares of the company’s stock valued at $540,497,000 after purchasing an additional 3,701,133 shares in the last quarter. Wealthspire Advisors LLC increased its holdings in shares of Schwab US Large-Cap ETF by 95.7% in the first quarter. Wealthspire Advisors LLC now owns 6,083,326 shares of the company’s stock valued at $134,320,000 after purchasing an additional 2,974,256 shares in the last quarter. Finally, HighTower Advisors LLC raised its position in Schwab US Large-Cap ETF by 26.9% in the 1st quarter. HighTower Advisors LLC now owns 14,010,112 shares of the company’s stock worth $309,343,000 after purchasing an additional 2,973,990 shares during the last quarter.

Schwab US Large-Cap ETF Stock Performance

Shares of SCHX opened at $27.00 on Wednesday. The business’s fifty day moving average price is $26.40 and its two-hundred day moving average price is $24.96. The firm has a market capitalization of $62.70 billion, a price-to-earnings ratio of 25.66 and a beta of 1.01. Schwab US Large-Cap ETF has a 52 week low of $19.00 and a 52 week high of $27.27.

Schwab US Large-Cap ETF Company Profile

Schwab U.S. Large-Cap ETF (the Fund) goal is to track the total return of the Dow Jones U.S. Large-Cap Total Stock Market Index (the Index). The Fund’s index includes the large-cap portion of the Dow Jones U.S. Total Stock Market Index available to investors in the marketplace. The Dow Jones U.S. Large-Cap Total Stock Market Index includes the components ranked 1-750 by full market capitalization.